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Middlesex
11 Damon St
$408,000
● House - Off Market

11 Damon St

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,564 Ft²
$727,448
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

Charming dormered Cape with an attached garage on a quiet dead end street. Cathedral ceiling family room addition opens to a large kitchen with a large breakfast bar, stainless steel appliances and dining area.  Living room contains elegant built-ins that flank a working fireplace, and an office or guest room and full bath finish off the first floor.  Unusual find to have 3 bedrooms AND a full bath on the second floor.  For those beautiful summer days and nights, enjoy the fabulous screened-in porch overlooking a fenced in back yard.  Great opportunity to own in this lovely town and access the fantastic school system!
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$255
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #71690020)

Price History

Date / Event Date Event Price
Sep 5, 2014 Sold
Premium
Sold
May 30, 2014 Listed by Classified Realty Group $399,000
Listed by Classified Realty Group
Jun 27, 2001 Sold
Premium
Sold
Feb 19, 2001 Listed by Classified Realty Group $324,900
Listed by Classified Realty Group
May 28, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,807
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,564
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330201

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:023.0 B:0000 L:0063.0
  • Lot: 63.0
  • Municipality: NORTH READING
  • Latitude: 42.5691
  • Longitude: -71.1064

    Address

  • Full Address: 11 Damon St
  • Address - House Number: 11
  • Address - Street Name: Damon
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C007
  • 4-Digit Zip Code: 2210
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $870,700

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 725,587
  • High Value: 852,477
  • Low Value: 598,696

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $659,100
  • Assessed Land Value: $368,400
  • Assessed Improvements Value: $290,700

    Sales

  • Current Sale Recording Date: Sep 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 135434
  • Previous Sale Recording Date: Jun 27, 2001
  • Previous Sale Amount: $327,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$819,999

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2706 ft²

Average Home Age

65.3 years

Currently For Sale

3031 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71690020

Frequently Asked Questions

When was property at 11 Damon Street built and last sold?
The property at 11 Damon Street was built in 1953 and last sold on Jan 1, 1970 for $408,000.
How much is this home worth?
The estimated value of the home located at 11 Damon Street is $416,065.
What are some comparable homes to 11 Damon Street?
There are currently no comparable homes to 11 Damon Street.
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